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The Latest Breaking News from Nasdaq

Duluth Q1 Earnings Top Estimates, Reaffirms FY22 Outlook

Duluth Holdings Inc (NASDAQ:DLTH) reported a first-quarter FY22 sales decline of 7.9% year on year, to $122.90 million, beating the consensus of $116.10 million. Retail store net sales improved by 0.4% to $45.2 million, while Direct-to-consumer net sales decreased by 12.1% to $77.7 million. EPS loss of $(0.04) beat the analyst consensus of…

Benzinga

NVIDIA And 4 Other Stocks Insiders Are Selling

Gold futures traded higher this morning on Thursday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

Is Elon Musk Risking Loss Of Talent With Tesla's Return To Office Push?

Tesla, Inc. (NASDAQ: TSLA) chief executive officer Elon Musk is not known for mincing words, and it therefore came as no surprise when he made it clear that remote work is no longer acceptable at the automaker.

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Why MongoBD Stock Is Trading Higher Today

MongoDB Inc (NASDAQ: MDB) shares are trading higher Thursday after the company reported better-than-expected top-line results and issued guidance above analyst estimates.

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What's Going On With Tonix Pharmaceuticals Shares Today?

Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) shares are trading lower by 6.03% to $2.96 during Thursday’s pre-market session. The company announced Thursday that it has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq.

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Insiders Buy More Than $41M Of 2 Penny Stocks

US crude oil futures traded lower this morning on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment…

Benzinga

How Lululemon Athletica Could Trade After Earnings

Lululemon Athletica Inc (NASDAQ: LULU) is scheduled to report its quarterly results after the bell on Thursday. The company is expected reported revenues and earnings of $1.55 billion and $1.43 a share, versus the year-ago figures of $1.23 billion and $1.16 per share, respectively.

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Jim Cramer Likes This Stock Over Olaplex

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he prefers Danaher Corporation (NYSE: DHR) over InMode Ltd. (NASDAQ: INMD).

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Why Lands' End Shares Are Sliding Today

Lands' End Inc (NASDAQ:LE) reported a first-quarter FY22 sales decline of 5.5% year-on-year to $303.67 million, missing the consensus of $327.97 million. Global eCommerce revenue decreased 15.7% Y/Y. Net revenue in U.S. eCommerce fell 14.1%, and International eCommerce declined 21.7%, reflecting delayed receipts of key products due to global supply chain and macroeconomic challenges.…

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Recap: SecureWorks Q1 Earnings

SecureWorks (NASDAQ:SCWX) reported its Q1 earnings results on Thursday, June 2, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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10 Biggest Price Target Changes For Thursday

Morgan Stanley cut S&P Global Inc. (NYSE: SPGI) price target from $419 to $401. S&P Global shares fell 0.1% to $331.84 in pre-market trading.

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Morning Brief: Top Financial Stories Dominating on Thursday, June 2

Reuters

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Apple Could Make iPads Out Of China For The 1st Time Ever — In This Country

As the Chinese lockdown caused trouble for Apple Inc (NASDAQ: AAPL), the tech giant is now reportedly mulling moving some of its iPad production out of the country.

Benzinga

Rivian Backer Eyes India's Two and Three Wheeler EV Market

Abdul Latif Jameel, an early Rivian Automotive, Inc (NASDAQ:RIVN) backer, committed to investing up to $220 million (₹17 billion) in India's battery-powered two and three-wheeler vehicles through EV maker Greaves Electric Mobility. The Saudi family-owned group will initially pay $150 million (₹11.6 billion) for a 35.8% stake in India's Greaves Cotton Ltd subsidiary to foray…

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Here's Why Apple Beat Its Chinese Peers Amid China's Slowdown, Covid Resurgence

China, the biggest smartphone market, will likely shrink by 38 million units in 2022, down 11.5% from 2021 and accounting for about 80% of the global reduction in shipment volume thanks to the economic slowdown as global markets drop by 3.5%, the IDC reports. IDC previously saw the global market growing…

Benzinga

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ: COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Benzinga

China Will Lose Ability To Access Amazon's Kindle E-Book Store From 2023

Amazon.com, Inc (NASDAQ:AMZN) looks to cease operating its Kindle e-book store in China from the end of June 2023, Reuters reports based on the e-commerce giant's official WeChat account. China's customers will no longer be able to purchase new e-books from June 2023 for reasons undisclosed. Also Read: Microsoft Brings Down Curtains On LinkedIn…

Benzinga

Pfizer Seeks FDA Approval For Three Covid Vaccine Doses For Children Below Five

Partners Pfizer, Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) urged the FDA to authorize three vaccine doses for children below five, the Wall Street Journal reports. The companies previously asserted that three doses of the shot were 80% effective at preventing symptomatic Covid-19 with robust immune response in children between six months to five years. After mixed results…

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Duluth Holdings: Q1 Earnings Insights

Duluth Holdings (NASDAQ:DLTH) reported its Q1 earnings results on Thursday, June 2, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga

24 Stocks Moving in Thursday's Pre-Market Session

Gainers Immix Biopharma, Inc. (NASDAQ: IMMX) rose 42.2% to $2.63 in pre-market trading after declining around 14% on Wednesday. Immix Biopharma, last month, announced positive interim data from an animal study in Soft Tissue Sarcoma (STS).

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A Peek Into The Markets: US Stock Futures Gain Ahead Of Economic Reports; Crude Oil Down Over 2%

Pre-open movers

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62 Biggest Movers From Yesterday

Gainers Missfresh Limited (NASDAQ: MF) jumped 51.1% to close at $0.2450 on Wednesday.

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Apple's AR/VR Headset: Watch For These Updates At WWDC Next Week

As Apple, Inc.'s (NASDAQ: AAPL) reality headset launch timeline polarizes people, Bloomberg columnist Mark Gurman has reiterated his view that neither the hardware nor the reality operating system would be announced at next week's annual Worldwide Developers Conference.

Benzinga

Ford Spends $2000 More Per Car Than Tesla On This — CEO Farley Isn't Happy

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday the legacy automaker has a far higher relative price for distribution than electric vehicle maker Tesla Inc (NASDAQ:

Benzinga

Twitter Says Bye, Bye To TweetDeck: 4 Alternatives For Mac Users

Twitter Inc’s (NASDAQ: TWTR) said it is saying “goodbye” to its TweetDeck app for Apple Inc (NASDAQ: AAPL) computers beginning July 1.

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